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Gold Trends Higher, Silver Stays Strong

Henry_lII Wrote: Nov 24, 2012 10:19 AM
Tea Party at fault? Hmmmm.....All talk, all blather, all bloviation...time went by and nothing was accomplished, other than the debt limit was increased while the Tea Party succeeded in making the debt limit the object of everyone's attention in the WORLD. Mission NOT accomplished.

The euro continued to gain ground against the dollar as precious metals prices moved higher. 

Gold was up $4.57 to $1,734.17 and silver also up $0.06 to $33.40, for a silver/gold ratio slightly higher at 51.9.

I’ve been stressing all week that the trends we see in precious metals should be taken with a grain of salt.  There was no trading in U.S. markets on Thursday and only a half-day on Friday; many traders took the whole week off and volume has been relatively soft. 

Even...

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